As per Prudence pre-built
approach, Dashboards and Reports are easy and fast to be rolled out on Oracle secured
cloud environment with customer’s data so that the data makes more sense and
let them understand as to what changes are required to the standard one’s in
making better decisions. Our methodology not only helps the customers design
their choice of dashboards well before the system has been configured on the
actual platform thus saving a lot of effort and cost in doing the actual
implementation.
DAILY BUSINESS INTELLIGENCE – ACCOUNTS PAYABLE
Payables Module provides an
overview of heath of the payable side of the business and enables Finance to
best manage its cash outflows and ensure timely payments to its suppliers.
OVERVIEW: Payables
Overview Page provides key statistics on the payables function within finance.
Metrics include DPO, Overdue invoices and reports that provide insight that how
efficient your staff is.
Overview Dashboard consists of 4 metrics
- DPO (Days Payable Outstanding)
- Payables Snapshot
- Invoice Transactions Efficiency
- Payment Performance
1.
DAYS
PAYABLE OUTSTANDING:
- Here we get the information about Days Payable Outstanding
- Drill in place
- Here we get info about AP Balance and Days Payable
outstanding for each supplier
2.
PAYABLES
SNAPSHOT:
- Gives snapshot of key performance indicators in payables for the current
fiscal quarter
- Drill in place for all amounts except for
invoice amount. All amounts drill is same as below except the last one i.e.
the amount for AP Total Payment Amount.
- It directs to Payments
Due the third tab in the dashboard
- Here we can see :
a) AP Payment Due aging (Chart and Pivot table drill on
pivot table)
b) AP
Payments Overdue Aging Report (Chart and Pivot table drill on pivot table)
c) Top 10 Suppliers by payment due in current
quarter
d) Top
10 Suppliers by overdue amounts
e) Payments
due by Payment due date
a, b pivot tables look like below
- AP Payment Due aging:
Displays the AP payment due aging for the current fiscal quarter.
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Drill on amount a. Pivot table (Click on dollar amount) directs to Payments Due
invoice Details (1-30) Days Aging Report where we get the below details. Again
there is drill on Supplier Name. It will get the filtered data for that
supplier with same columns as above. Similarly for 31-60, 61-90, 90+ we will
get different reports with same columns
- AP Payments Overdue Aging Report: Display the Ap payment overdue aging for the current fiscal quarter.
Exactly the same way it is designed for overdue
amounts also (b. Pivot table) with same columns and again there is drill on
Supplier Name.
Continued…….
To know more about Prudence Pre-Built Application please mail us at [email protected]
or contact us at +91 - 9582999927.
